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210 California Avenue #1, Santa Monica, CA 90403 (MLS # OC24077809)

Price $6,500,000
Status Active
Beds n/a
Baths 0 Bath
Home size 9,346 sqft
Lot Size 7,502 sqft
Days on Market 14
Price Reduced by $750,000100% Vacantā€”The property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies.Potential Redevelopment Siteā€” 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments.Walkable, Vibrant and Highly Amenitized Neighborhoodā€” Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place shopping center, the Third Street Promenade extends northward towards Wilshire Blvd.
Property Type(s): Residential Income
Last Updated 4/23/2024 Year Built 1962
Community Santa Monica County Los Angeles

Price History

Prior to Apr 23, '24 $7,250,000
Apr 23, '24 - Today $6,500,000

Additional Details

AREA Santa Monica
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE Attached Carport
HOA DUES 0
LOT 7500 sq ft
LOT DESCRIPTION Near Public Transit, Street Level, Value In Land
PARKING Attached Carport
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
ZONING SMR3*

Location

 

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Listed with NorthMarq Realty Services, Inc

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/24 3:29 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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